Outlook on the $83.85 Billion Material Handling Global Market to 2030 - Identify Growth Segments for Investment
The global material handling market is expected to grow from $83.85 billion in 2020 to $92.48 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%.
- The global material handling market is expected to grow from $83.85 billion in 2020 to $92.48 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%.
- It compares the material handling market with other segments of the material handling market by size and growth, historic and forecast.
- The growth of the material handling market witnessed growth owing to a rise in the e-commerce industry.
- Lack of safety and inexperienced workers at the construction sites results in more accidents in material handling and this can impact the material handling market negatively.